French GP organiser to be disbanded this week

Formula 1 and organisers of the event at Circuit Paul Ricard were unable to reach a deal for 2023 and beyond. The way the French GP was organised was under the auspices of a public interest group – known in France as a Groupement díInteret Public, or GIP. The official website described GIP as a way to allow “public and private partners to pool resources for the implementation of missions of general interest”, including local regions and Chambers of Commerce. L’Equipe says the French GP GIP will be “officially dissolved this week”. “It’s the end of a story,” confirmed top French GP official Eric Boullier.

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